A Real Estate Agent's Perspective on Home Ownership

By
Real Estate Agent with Florida Supreme Realty SL514814
https://activerain.com/droplet/5jCQ

At left is where it all started for a measly $28,000 in the early 70's. We call it a "twin" and with a lot of sweat equity it became an $88,750 sale just three years later. Some twelve or so singles, condominiums, townhomes and sky home later these residences have been a roof over my head and put money in my pocket when providing a peace of mind that's difficult to find elsewhere. Financed, cash, lease purchase, FHA, conventional or owner financed, whatever it took to own it and never pay rent. The rest is history! 

If I were to ask my customers from over the years why they wanted to buy a house their answers would be both quite similar while having thousands of variations also. Security is likely their most common thread although the individual situations encompassing each of them ruled their final decision to commit to purchasing. For me it's those variations which continue to make this business attractive, productive and challenging.

As a 3rd generation associate and having bought my 1st home at 17 you could say I didn't even know there was another option available. Everyone in my family owned at least one home. Being single made those choices so much easier in the early years. By the time I was 25 there were four units under my management, life was great. 

We also managed apartments with a little under 3,000 doors to look after. You'll get an excellent education about people if you tend to lean toward property management. Experiencing both the landlord and tenant perspectives of owner and renter easily opens your eyes to issues that each face regularly and mainly directed financially. Being a facillitator for both in the role of property manager hones the negotiation skills immeasurably.

There was no luck involved with my initial home purchase. Investment analysis was and always will be how I look at real property whether for myself or the customer. Once it passes muster there we can proceed. Please understand that I do not project what will be only what we have in front of us today value wise. When those numbers make sense to me the trigger can be pulled and let the future bring what it may.

Home ownership to me will always represent independence, security, financial freedom, success, comfort, peace of mind, responsibility, stability and investment for the family! Now take a peak through the living room window of the next roof over our heads. This will be my toughest negotiation ever! Can we agree that our Better Halves have an edge here?

 

 

  But, but Honey?     

  

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homeownership
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through a real estate associates eyes
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Rainmaker
3,274,434
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Kevin - a terrific example for wannabe homeowners and savvy entrepreneurs in-the-making.  A wonderful real estate success story. 

Jun 08, 2019 10:38 AM #1
Rainer
508,309
Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

Home ownership to me will always represent independence, security, financial freedom, success, comfort, peace of mind, responsibility, stability and investment for the family!

Jun 08, 2019 11:56 AM #2
Ambassador
3,808,842
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Kevin- Would that we all could have had the influences and commitment that you had to start as early as you did! At 17 I was happy to have a car!  BTW- that's a great view!!!

Jun 08, 2019 06:37 PM #3
Rainmaker
3,186,976
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Kevin not everyone was as wise as you and not everyone had parents who could instill the same wisdom, what an awesome story, Endre

Jun 08, 2019 11:42 PM #4
Rainmaker
1,417,432
Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

What a fantastic story and overview of what home ownership can mean. I like the comment that you look, not at future value but at current. There is no way to know what will happen in the future. And that's an amazing view!

Jun 09, 2019 03:05 AM #5
Rainmaker
3,019,790
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Good morning, Kevin... you said it all in this sentence:

Home ownership to me will always represent independence, security, financial freedom, success, comfort, peace of mind, responsibility, stability and investment for the family!

Jun 09, 2019 06:27 AM #6
Rainmaker
1,470,111
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

With all your home buying experience you should be a great guide to others.

Jun 10, 2019 04:55 PM #7
Rainmaker
5,313,632
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much for sharing some of your home ownership experience.

Have a lovely weekend.

Jun 15, 2019 09:30 AM #8
Ambassador
3,235,629
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Oh, I love your story, Kevin and really, you need no help with negotiations - after all, you've been doing this since you were 17 AND at one time, learned to deal with 3,000 tenants! I am SO anxious to hear if you got the new place with those AMAZING views! Keep us posted...

And, thank you so much for your entry in this month's challenge too!

Jun 16, 2019 07:03 AM #9
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Rainmaker
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Kevin J. May

Serving the Treasure & Paradise Coasts of Florida
Have Questions? Answers are My Business!
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